EAVEX Weekly
January 29, 2016
Kyiv-listed stocks declined again on Thursday (Jan 28) on news that the NBU lowered its forecast for Ukraine’s GDP growth for 2016 from 2.4% to 1.1%, while leaving the inflation forecast at 12%. The central bank said that low global commodity prices were among key factors for a slower economic recovery. The UX index shed 1.0% to end at 632 points.